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Total Station Market

Total Station Market Size, Share & Segment By Offering (Hardware, Services) By Type (Robotic Total Station, Manual Total Station) By Application (Construction, Oil And Gas, Agriculture, Mining, Utilities, Forensic Investigation, Transportation, Others), By Regions And Global Forecast 2022-2028

Report Id: SNS/SEMI/1831 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Total Station Market Size was valued at USD 1.67 billion in 2021, and expected to reach USD 2.56 billion by 2028, and grow at a CAGR of 6.3% over the forecast period 2022-2028.

Total Station is an electronic tool used to measure the descent distance. In the construction business, it is commonly used. To measure distance, tools such as Electro Distance Meter (EDM) and Electronic Theodolite are used. Therefore, it is used to conduct research on buildings such as houses, roads, buildings, etc. A number of devices with various advantages such as error reduction, improved accuracy, high performance, and much more. It's used for a variety of things, including data processing, coordinate measurement, and distance measurement. Thus, due to the growing demand for accurate and fast ratings, Total Station Market Industry is growing at an alarming rate. There are other features such as the use of these tools in accident reconstruction, crime scene investigations, etc. will improve market growth.

Total Station Market Revenue Graph

MARKET DYNAMICS: 

KEY DRIVERS:

  • Developed robotic total stations.

  • construction business is booming, thus there's a lot of demand.

  • steady developments in data collection & analysis software.

  • Demand for 3D modeling and scanning is increasing across industries.

RESTRAINTS:

  • Huge cost and obtainability of other surveying alternatives.

  • Environmental factors that are difficult to control can have a negative impact on performance.

OPPORTUNITIES: 

  • Developing countries increasing their spending in infrastructure construction and modernization.

  • In forensic investigative applications, there is a lot of room for expansion.

CHALLENGES: 

  • Lack of knowledge on modern-day instruments.

IMPACT OF COVID-19: 

COVID-19 has had a severe impact on the global economy as well as all industries. To stop the plague from spreading, governments in several countries have established borders. The initial phase of the epidemic's global shutdown in many countries has had a significant influence on people's lives and quality of life. As a result, the global supply chain has been shattered. The global economy has shrunk as commodity demand has decreased considerably. Due to the outbreak, which has caused a lack of immature materials, production in all industries has been slowed. Productivity declines are caused by variables such as depreciation and supply chain disruption. 

COVID-19 virus has hit the market. Various factors such as land closures, social isolation, and the emphasis on health facilities have affected the global economy. Construction work was suspended for a few months. Other costs such as travel, equipment, and labor went up. As a result, many small business planners face huge losses. However, with the ease of closure, the market is gaining momentum. It is estimated that if COVID-19 is regulated, the growth of Total Station Market Industry will increase at the same time.

Based on Type, the total station market is subdivided into Robotic Total Station and Manual Total Station. Among this Robotic Total Station is forecasted to grow at a highest CAGR.

The high market growth of Robotic total station is due to the growing demand for them in various industries. Complete robotic channels are much easier to use and are much preferred than complete handmade channels. A total manual station requires two-person operation, while a total robotic station requires one-person operation. Total robotic station is more expensive compared total manual station, but they are more economical and time-saving. Therefore, the use of total robotic station improves both the accuracy and efficiency of the planning process in the construction site, and their acceptance has increased at an astonishing rate in all industries. Companies focus on improving their Total robotic station by combining advanced features and technologies.

COMPETITIVE LANDSCAPE:

The key players in the total Station market are North Group, Changzhou Dai Surveying Science & Technology, Hexagon, STONEX Srl , Kara Company, Topcon Corporation, Maple International Instrument, Trimble, Suzhou FOIF, Hi-Target Surveying Instrument, Celtic Surveys, Axis-GPS and Surveying Instruments, Guangdong Kolida Instrument, Topcon Corporation and Other.

MARKET SEGMENTATION:

BY OFFERING

  • Hardware

  • Services

BY TYPE

  • Robotic Total Station

  • Manual Total Station

BY APPLICATION

  • Construction

  • Oil and Gas

  • Agriculture

  • Mining

  • Utilities

  • Forensic Investigation

  • Transportation

  • Others

Total Station Market Segment Pie Chart

REGIONAL ANALYSIS:

On a regional basis, Total Station Market Industry is divided into North America, Europe, Asia-Pacific, and the World. As per Total Station Market Forecast, the Asia-Pacific region will contribute to the largest market share during the forecast period. In the Asia-Pacific region, countries such as India, China, Korea, Taiwan, and others offer significant growth opportunities. The presence of key players and the growth rate of development is a major factor in the growth of Total Station Market Industry. Increasing investment in the engineering and construction industry in the region is also fueling the market. In addition, the North American region will also have significant growth during the forecast period. Rising travel and better availability of skilled professionals in major countries such as Canada and the US will push the market to growth. Also, key players are focused on research and development and less expensive strategies that will boost the market in the forecast period.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Total Station Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 1.67 Billion
Market Size by 2028 US$ 2.56 Billion
CAGR CAGR of 6.3% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Offering (Hardware, Services)
• By Type (Robotic Total Station, Manual Total Station)
• By Application (Construction, Oil And Gas, Agriculture, Mining, Utilities, Forensic Investigation, Transportation, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles North Group, Changzhou Dai Surveying Science & Technology, Hexagon, STONEX Srl , Kara Company, Topcon Corporation, Maple International Instrument, Trimble, Suzhou FOIF, Hi-Target Surveying Instrument, Celtic Surveys, Axis-GPS and Surveying Instruments, Guangdong Kolida Instrument, Topcon Corporation and Other
Key Drivers • Developed robotic total stations.
• Construction business is booming, thus there's a lot of demand.
Restraints • Huge cost and obtainability of other surveying alternatives.
• Environmental factors that are difficult to control can have a negative impact on the performance.


Frequently Asked Questions (FAQ) :

The market value will be expected to reach USD 2.56 billion by 2028, and grow at a CAGR of 6.3% over the forecast period 2022-2028.

Huge cost and obtainability of other surveying alternatives, and environmental factors that are difficult to control can have a negative impact on the performance are the factors limiting the Total Station Market's expansion.

The key players in the total Station market are North Group, Changzhou Dai Surveying Science & Technology, Hexagon, STONEX Srl , Kara Company, Topcon Corporation, Maple International Instrument, Trimble, Suzhou FOIF, Hi-Target Surveying Instrument, Celtic Surveys, Axis-GPS and Surveying Instruments, Guangdong Kolida Instrument, Topcon Corporation and Other.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. Total Station Market Segmentation, by offering

8.1Introduction

8.2 Hardware

8.3 Services

 

9. Total Station Market Segmentation, by type

9.1 Introduction

9.2 Robotic Total Station

9.3 Manual Total Station

 

10. Total Station Market Segmentation, by application

10.1 Introduction

10.2 Construction

10.3 Oil and Gas

10.4 Agriculture

10.5 Mining

10.6 Utilities

10.7 Forensic Investigation

10.8 Transportation

10.9 Others

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12.Company Profiles

12.1 Topcon Corporation

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 North Group

12.3 Changzhou Dai Surveying Science & Technology

12.4 Hexagon

12.5 STONEX Srl

12.6 Kara Company

12.7 Topcon Corporation

12.8 Maple International Instrument

12.9 Trimble

12.10 Suzhou FOIF

12.11 Hi-Target Surveying Instrument

12.12 Celtic Surveys

12.13 Axis-GPS and Surveying Instruments

12.14 Guangdong Kolida Instrument

12.15 Other

 

13.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14.Conclusion

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

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